CARITAS FOR CHILDREN INC

EIN: 391975608 501(c)(3) Youth Development

MILWAUKEE, WI

Total Revenue
$897,356
Total Expenses
$937,645
Total Assets
$77,429
Net Assets
$28,911
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
WI
Principal Officer
CHRISTOPHER T HOAR
Phone
4143235000
Tax Period
2024-07-01 to 2025-06-30

CARITAS FOR CHILDREN INC, founded in 1999, is a small nonprofit in the Youth Development sector that reported $897K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

CARITAS FOR CHILDREN'S FUNDAMENTAL MISSION IS TO ALLOW SACRED RELATIONSHIPS OF LOVE AND CARE TO FLOURISH WITHIN NETWORKS OF CHARITY THROUGH THE CREATION OF A WORLDWIDE COMMUNITY OF SPONSORS, CHILDREN,

Program Service Accomplishments

Program 1
Expenses: $783,836 Revenue: $685,422

THE PROGRAM PROVIDES FINANCIAL ASSISTANCE ADMINISTERED BY OUR MINISTRY SERVICE PROVIDERES AND DIRECT CARITAS PERSONNEL FOR THE HEALTH, EDUCATION AND GENERAL WELFARE OF ORPHANED AND DISADVANTAGE...

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THE PROGRAM PROVIDES FINANCIAL ASSISTANCE ADMINISTERED BY OUR MINISTRY SERVICE PROVIDERES AND DIRECT CARITAS PERSONNEL FOR THE HEALTH, EDUCATION AND GENERAL WELFARE OF ORPHANED AND DISADVANTAGE CHILDREN. OUR SERVICE PROVIDERS INCLUDE RELIGIOUS COMMUNITIES AND DIOCESAN-RUN SCHOOLS WHO UNDERSTAND THE PARTICULAR NEEDS RELATED THE CHILDREN IN THEIR REGION AND ASSURES THEM WITH A CATHOLIC EDUCATION, DAILY MEALS, CLOTHING, AND MEDICAL NEEDS. THERE ARE TWO COMPONETS: DAY SCHOOL AND BOARDING SCHOOL. DAY SCHOOL PROGRAMS PROVIDES DISADVANTAGED CHILDREN ALL THE FEES FOR A CATHOLIC DAY SCHOOL EDUCATION, TWO MEALS, SCHOOL UNIFORMS, AND OTHER AVAILABLE CLOTHING, BOOKS AND EDUCATION AS WELL AS ONGOING CATACHISM .

Program 2
Expenses: $117,689 Revenue: $140,813

OTHER PROGRAM SERVICES: CARITAS HAS IN VARYING DEGREE DEVELOPED ADDITIONAL FINANCIAL AND SPIRITUAL PROGRAMS INCLUDING: ADOPT-A-NUN, SPONSOR A SEMINARIAN, WATER WELL PROJECT, UKRAINE RELIEF, OUTREACH...

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OTHER PROGRAM SERVICES: CARITAS HAS IN VARYING DEGREE DEVELOPED ADDITIONAL FINANCIAL AND SPIRITUAL PROGRAMS INCLUDING: ADOPT-A-NUN, SPONSOR A SEMINARIAN, WATER WELL PROJECT, UKRAINE RELIEF, OUTREACH MINISTRIES, AND OTHER ON-GOING FORMATIONS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $71,121
Program Service Revenue $826,235
Investment Income $0
Other Revenue $0
TOTAL REVENUE $897,356

Expense Breakdown

Grants Paid $0
Salaries & Benefits $169,046
Fundraising Expenses $13,269
Program Expenses $901,525
Other Expenses $768,599
TOTAL EXPENSES $937,645

Year-over-Year Comparison

2024 2023 Change
Revenue $897,356 $821,937 +0.1%
Expenses $937,645 $750,999 +0.2%
Net Income $-40,289 $70,938 -1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
3
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER HOAR PRESIDENT 35.00
Officer Director
$0 $0 $0
BARBARA HOAR VPSECRETARY 2.00
Officer Director
$0 $0 $0
JOEL G NETTESHEIM TREASURER 2.00
Officer Director
$0 $0 $0
REV MONSIGNOR MICHAEL BOLAND BOARD DIRECTOR 1.00
Director
$0 $0 $0
JIMMY M LAGO BOARD DIRECTOR 1.00
Director
$0 $0 $0
PAMELA MATEO BOARD DIRECTOR 1.00
Director
$0 $0 $0
JAMES LENAHAN BOARD DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $897,356 $937,645 $77,429 $-40,289
2024 $821,937 $750,999 $130,382 $70,938
2023 $637,291 $711,005 $144,768 $-73,714
2022 $646,602 $590,620 $225,696 $55,982
2021 $528,292 $436,285 $234,512 $92,007
2019 $542,542 $488,435 $30,672 $54,107
2018 $389,898 $487,165 $28,718 $-97,267
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